16:08 PM, 5th July 2022, About a month ago 21
Propertymark has conducted a joint online survey with the NRLA, LandlordZone and pets charity AdvoCATS indicating how common pet damage is and how difficult the costs are to recover in the PRS. Click here
Out of 537 respondents (this would be skewed due to the nature of the survey) 85.3% of landlords had incurred damage by pets. This is a similar percentage to damage by the tenants themselves, but the extent of the damage is much greater and the cost harder to recover due to the limitations imposed by the tenants fees ban. Only 57% of landlords were able to recoup the cost of pet damage.
The group is campaigning for an addition to the List of Permitted Payments giving landlords the option to request a financially capped pet deposit or stipulate that pet damage insurance must be held by any tenant wanting to keep a pet or pets.
Timothy Douglas Head of Policy and Campaigns for Propertymark said: “The data from this research backs up what Propertymark and others have been warning for some time, that the unintended consequences of the Tenant Fees Act have reduced the appetite for many landlords to take on the greater risk of damage.
“With the demand for pet-friendly homes continuing to increase, the UK Government must now understand the costs involved for landlords and implement rules that support the sector to take on greater risk in order to support more people to rent with pets.”
NRLA Policy Manager James Wood said: “With many landlords unable to recover damage caused by pets, it is no surprise that landlords generally prefer to let to tenants without pets. Particularly those with smaller portfolios who are not able to absorb the losses caused by damage.
“If the UK Government is to increase the supply of pet-friendly homes then it is vital that landlords and agents have confidence they can recover the cost of repairs. Amending the Tenant Fees Act to permit pet insurance or pet deposits would provide this confidence and give tenants with pets more options in the private rented sector.”
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